The U.K. Office of Gas and Electricity Markets on Wednesday announced the collapse of Zog Energy, the 25th provider to collapse as gas prices have surged.
London stocks were rising on Monday, led by resource stocks as investors kept watch on news of the omicron COVID variant.
Hong Kong/London (CNN Business) — Stocks in Asia fell on Monday while European markets and US futures edged higher as investors continued to digest news about a new Covid-19 variant. Japan's Nikkei 225 (N225) closed down about 1.6%, while Hong Kong's Hang Seng Index (HSI) fell nearly 1%. European markets...
Europe stocks got a foothold on gains Monday, though COVID worries lingered in the background.
European shares slump with vacation names tough strike as investors fret more than new COVID variant
European stocks fell sharply early Friday, with significant losses for journey shares and power names following a new most likely extremely contagious variant of COVID was detected in South Africa. The Stoxx Europe 600 index. SXXP,. -2.84%. slid 3.8% to 465, with the German DAX. DAX,. -3.12%. down 3.5%, the...
London’s equity markets were a sea of red on Friday following heavy losses in Asia, as investors were spooked by a new Covid variant found in South Africa. At 0830 GMT, the FTSE 100 was down 3.2% at 7,074.08. Richard Hunter, head of markets at Interactive Investor, said: "The absence...
Shares of the drinks maker jumped on well-received results and raised guidance, as Europe stocks rose on a U.S. holiday that's likely to keep trading subdued.
International Hotels Group climbs as Jefferies says time to buy leisure, while Vivo Energy soars on buyout
London stocks were modestly higher on Thursday, with gains for hotel and pub operators, but energy stocks weighing on the downside.
FTSE 100 (UKX) Long-term Trend: Bullish. FTSE 100 (UKX) is in an uptrend but faces rejection at the recent high. The index declined to level 7198 and resumed an upward move. Presently, the index is above the 50-day SMA and below the 21-day SMA. The uptrend will resume when price breaks above the 21-day SMA and the resistance at level 7400. Otherwise, UKX will continue to fluctuate between the moving averages. Meanwhile, on November 12 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that UKX will rise to level 2.0 Fibonacci extension or level 7832.71.
A key U.K. manufacturing survey found orders and output price expectations at the highest level since at least 1977.